empty
13.03.2025 03:00 PM
Trading Signals for EUR/USD for March 13-15, 2025: sell below 1.0881 (+1/8 Murray - 21 SMA)

This image is no longer relevant

Early in the American session, the euro is trading around 1.0865, below the 21-month SMA, and below the 1/8 Murray level, showing signs of exhaustion. A technical correction is expected in the coming hours. Hence, the instrument could reach the 200 EMA at 1.0570 in the short term.

If the euro falls and consolidates below 1.0881, it will be seen as an opportunity to sell with targets at 1.0807, at the 8/8 Murray level at 1.0742, and finally, at the 200 EMA at 1.0570.

On the other hand, if the euro consolidates or breaks above the downtrend channel formed after reaching its high at 1.0950, it will be seen as an opportunity to resume buying. We could buy the euro only if it consolidates above 1.0900.

The Eagle indicator has reached overbought levels and is showing a negative signal, so we will look for opportunities to sell below 1.08 in the coming days.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Signals for EUR/USD for March 21-24, 2025: buy above 1.0810 (+1/8Murray - rebound)

Our medium-term forecast remains bearish. So, any technical rebound will be seen as a signal to sell with a medium-term target at about 1.0361, the level where the instrument left

Dimitrios Zappas 13:22 2025-03-21 UTC+2

Trading Signals for GOLD (XAU/USD) for March 21-24, 2025: buy above $3,026 (7/8 Murray - 61.8%)

The Eagle indicator is reaching oversold levels. So, we believe that gold could resume its bullish cycle in the coming days. For this, we should expect consolidation above the psychological

Dimitrios Zappas 13:04 2025-03-21 UTC+2

Forex forecast 21/03/2025: EUR/USD, GBP/USD, USD/JPY, Oil and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 12:15 2025-03-21 UTC+2

Forex forecast 19/03/2025: EUR/USD, USD/JPY, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 12:14 2025-03-21 UTC+2

Forecast for EUR/USD on March 21, 2025

On Thursday, the EUR/USD pair continued its decline and closed below the 200.0% Fibonacci retracement level at 1.0857. This suggests that the downward move may continue toward the support zone

Samir Klishi 11:02 2025-03-21 UTC+2

Forecast for GBP/USD on March 21, 2025

On the hourly chart, the GBP/USD pair on Thursday dropped to the 1.2931 level, rebounded from it, saw a slight rise, and returned to 1.2931 again on Friday morning

Samir Klishi 10:52 2025-03-21 UTC+2

EUR/USD and GBP/USD March 21 – Technical Analysis

The pair failed to break through the resistance levels of the weekly (1.0948) and monthly (1.0943) Ichimoku clouds, retreating to the support cluster zone across multiple timeframes (1.0819–1.0856)

Evangelos Poulakis 06:25 2025-03-21 UTC+2

EUR/USD Forecast for March 21, 2025

By the end of yesterday's trading session, the euro had declined by 47 pips, retreating from an earlier attempt to break above the 1.0949 level. The support at 1.0882

Laurie Bailey 03:43 2025-03-21 UTC+2

GBP/USD Forecast for March 21, 2025

At yesterday's Bank of England meeting, only one member voted for a rate cut, compared to the expected two. Despite this, the British pound fell by 32 pips, influenced

Laurie Bailey 03:43 2025-03-21 UTC+2

AUD/USD Forecast for March 21, 2025

The Australian dollar experienced a notable decline of 58 pips yesterday, with the Marlin oscillator settling in bearish territory. However, this is not yet a signal for a developing downtrend

Laurie Bailey 03:43 2025-03-21 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.